Q.The National Income of a country is ₹12,00,000 crore and its mid-year population is 120 crore. Calculate the Per Capita Income of the country.

Per Capita Income divides National Income by mid-year population ($PCI = NI / \text{Population}$) to give an average, per-person welfare measure that can lag behind total national income if population grows faster. Personal Income is what individuals actually receive (NI minus corporate tax, undistributed profits and social security contributions, plus transf …